Indiana Code — Title 6 (Taxation)
IC 6-2.5-5-6
Exemption; acquisition for incorporation into product for sale
Official textiga.in.govlast amended
Sec. 6. Transactions involving tangible personal property are exempt from the state gross retail tax if the person acquiring the property acquires it for incorporation as a material part of other tangible personal property which the purchaser manufactures, assembles, refines, or processes for sale in his business. This exemption includes transactions involving acquisitions of tangible personal property used in commercial printing.
As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.78-1989, SEC.6; P.L.192-2002(ss),
SEC.52.
Amendment history
As added by Acts 1980, P.L.52, SEC.1. Amended by P.L.78-1989, SEC.6; P.L.192-2002(ss), SEC.52.
Source: view the official text
Nearby sections (25 sections)
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- 6-2.5-4-16.4 · Specified digital products
- 6-2.5-4-16.7 · Prewritten computer software
- 6-2.5-4-17 · Computer software maintenance contracts
- 6-2.5-4-18 · Marketplace facilitator considered the retail merchant of…
- 6-2.5-5-0.4 · Intent of general assembly adding section 36 of this…
- 6-2.5-5-1 · Animals, feed, seed, and chemicals; race horse in a claiming
- 6-2.5-5-2 · Agricultural machinery, tools, and equipment; scope of
- 6-2.5-5-3 · Exemption; acquisition for direct use in direct production
- 6-2.5-5-4 · Property for use in producing machinery, tools, or equipment
- 6-2.5-5-5 · Repealed
- 6-2.5-5-5.1 · Exemption; acquisition for direct consumption in direct
- 6-2.5-5-6 · Exemption; acquisition for incorporation into product for…
- 6-2.5-5-7 · Materials used in construction business, public street, or…
- 6-2.5-5-8 · "New motor vehicle"; property acquired for resale, rental,…
- 6-2.5-5-8.2 · Aircraft acquired for rental or leasing in the ordinary…
- 6-2.5-5-8.5 · Power subsidiary; public utility
- 6-2.5-5-9 · Returnable containers; nonreturnable packaging
- 6-2.5-5-10 · Electric or steam utilities; production plant or power
- 6-2.5-5-10.5 · Tangible personal property exemption; public utility or…
- 6-2.5-5-10.7 · Tangible personal property exemption; component of solar…
- 6-2.5-5-11 · Gas utilities; production or storage plants and expenses
- 6-2.5-5-12 · Water utilities; plants and expenses
- 6-2.5-5-12.5 · Wastewater utilities; plants and expenses
- 6-2.5-5-13 · Intrastate telecommunication services; video, Internet…